February 2012

Bullion prices plunged in New York Wednesday, yet all but gold managed healthy gains during the month of February. April gold futures prices plummeted $77.10, or 4.3%, to $1,711.30 an ounce on the Comex division of the New York Mercantile Exchange, trading between $1,704.50 an ounce and $1,792.30 an ounce. For February, gold prices declined […]

Gold prices rose Tuesday for the first time in three sessions as weakness in the dollar prompted buying. On the Comex division of the New York Mercantile Exchange, April gold prices gained $13.50, or 0.8%, to $1,788.40 an ounce for a 3.5- month high. The metal traded at a peak of $1,792.70 an ounce.

Gold stepped modestly back Friday but it was the only decline this week which meant gold sported a healthy weekly increase — 2.9% to be exact. In closing the week, gold prices ended down Friday by $9.90, or 0.6%, to $1,776.40 an ounce on the Comex division of the New York Mercantile Exchange. Gold traded between […]

Gold prices rallied Wednesday after spending much of the day down. In the end, the metal gained $12.80, or 0.7%, to $1,771.30 an ounce on the Comex division of the New York Mercantile Exchange. The closing was the highest for gold since mid-November. Gold prices traded between $1,750.70 an ounce and $1,776.30 an ounce.

Following the extended U.S. holiday weekend, gold and other precious metals rallied Tuesday on news that Greece secured its second round of debt bailout funds. Gold prices gained $32.60, or 1.9%, to $1,758.50 an ounce on the Comex division of the New York Mercantile Exchange, trading between $1,727 an ounce and $1,759 an ounce.

Gold prices retreated Friday but managed an extremely modest increase of 60 cents this week. Daily gains and losses were narrow, including Friday in which the yellow metal fell $2.50, or 0.1%, to $1,725.90 an ounce on the Comex division of the New York Mercantile Exchange. Gold prices traded from a low of $1,718.60 an […]

Gold prices edged higher Thursday as the US dollar showed weakness late in the trading day. Until then, gold was pressured and in the red. Gold prices gained 30 cents to $1,728.40 an ounce on the Comex division of the New York Mercantile Exchange, trading from $1,706.70 an ounce to $1,731.10 an ounce.

Gold prices declined for a third straight session Tuesday, pressured by a higher greenback. Gold prices lost $7.20, or 0.4%, to $1,717.70 an ounce on the Comex division of the New York Mercantile Exchange, ranging from $1,713.80 an ounce to $1,729.90 an ounce.